Fortis Inc. Shares Approach 52-Week High - Market Mover

The shares closed 0.8% below its 52-week high of $44.07, with trading volume lower than its 30 day average

Apr 09, 2021 by Kwhen Finance Editors

Fortis Inc. Shares Approach 52-Week High - Market Mover
Fortis Inc. shares closed today at 0.8% below its 52 week high of $44.07, giving the company a market cap of $20B. The stock is currently up 8.0% year-to-date, up 15.1% over the past 12 months, and up 43.1% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 2.0%.

Trading Activity

  • Trading volume this week was 25.7% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.7.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.
  • The stock closed at 0.0% lower than its 5-day moving average, 1.3% higher than its 20-day moving average, and 6.2% higher than its 90-day moving average.

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Utilities industry sector , beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Fortis Inc.0.18.015.1-0.826.6
Dow Jones Industrial Average0.810.145.9-0.149.9
S&P 500 Index0.79.651.5-0.052.9
Utilities-0.04.413.9-1.423.5

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -10.0%
  • The company's stock price performance over the past 12 months beats the peer average by 203.2%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Fortis Inc.FTS08.015.1-0.826.6
Peer AvgN/A08.95.0-12.024.1
Fortis Inc.FTS08.015.1-0.826.6
Hawaiian Electric Industries, Inc.HE021.31.1-6.736.1
Huaneng Power International Inc. - ADRHNP0-2.5-1.3-28.69.6

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